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SIT INVESTMENT ASSOCIATES INC
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| Date | Name | Ticker | Shares | Change | Value | Change | Price |
| 06/30/2023 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 845 | -38,295 | 96,000 | -4,820,000 | $113.61 |
| 03/31/2023 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 39,140 | -26,305 | 4,916,000 | -4,617,000 | $125.60 |
| 12/31/2022 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 65,445 | 13,685 | 9,533,000 | 2,277,000 | $145.66 |
| 09/30/2022 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 51,760 | 12,580 | 7,256,000 | 1,574,000 | $140.19 |
| 06/30/2022 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 39,180 | 39,180 | 5,682,000 | 5,682,000 | $145.02 |
| 12/31/2020 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 0 | -675 | 0 | -104,000 | |
| 09/30/2020 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 675 | 675 | 104,000 | 104,000 | $154.07 |
| 12/31/2019 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 0 | -675 | 0 | -104,000 | |
| 09/30/2019 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 675 | 0 | 104,000 | 9,000 | $154.07 |
| 06/30/2019 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 675 | -185 | 95,000 | -28,000 | $140.74 |
| 03/31/2019 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 860 | -62,550 | 123,000 | -7,184,000 | $143.02 |
| 12/31/2018 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 63,410 | 61,825 | 7,307,000 | 7,108,000 | $115.23 |
| 09/30/2018 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 1,585 | 1,585 | 199,000 | 199,000 | $125.55 |
| 09/30/2016 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 0 | -405,705 | 0 | -36,875,000 | |
| 06/30/2016 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 0 | -405,705 | 0 | -36,875,000 | |
| 03/31/2016 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 405,705 | 74,950 | 36,875,000 | 6,988,000 | $90.89 |
| 12/31/2015 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 330,755 | 330,755 | 29,887,000 | 29,887,000 | $90.36 |
| 09/30/2015 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 475 | 475 | 40,000 | 40,000 | $84.21 |
| 03/31/2015 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 0 | -160,475 | 0 | -14,241,000 | |
| 12/31/2014 | ALEXANDRIA REAL ESTATE EQUITIES, INC. | ARE | 160,475 | 160,475 | 14,241,000 | 14,241,000 | $88.74 |
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